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PRESS STATEMENT Still a long way from an effective interim electricity price

Jürgen Kerner, Second Chair of IG Metall, on the federal government’s electricity pricing package announced today

IG Metall, Mainforum, Gebäude, Fahnen

9 November 2023 9 November 2023


“The package just presented falls short and can therefore, at best, be a starting point. Part of the package simply extends existing measures such as electricity price compensation and the ‘Super-Cap,’ or offsets cuts that have already been decided upon. For example, the planned reduction in the electricity tax compensates for the elimination of the peak load compensation. These measures do not bring about any improvements, but they do prevent further deterioration. Only the planned subsidies for grid fees provide real relief. However, this is not enough to save the competitiveness of energy-intensive industries. 

As IG Metall, we particularly criticize the fact that the planned relief measures are not tied to conditions such as collective bargaining coverage, securing business locations and jobs, and investments in the energy transition.

We cannot understand how these measures are supposed to achieve a price of 6 cents. We are therefore in discussions with the federal government’s experts.

Conclusion: We acknowledge that the federal government is making progress on this issue. However, this proposal is still a long way from an effective bridge electricity price. Without additional relief measures for energy-intensive industries, further investments will migrate abroad and jobs here will be lost.”

 

Further information and press photos of Jürgen Kerner 

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